Liquor And C-Store With Property In Harrisburg, IL! For Sale

Description

Retail business with real estate for sale in Harrisburg, Illinois.

The seller reports average monthly store sales of approximately $40,000.

Additional monthly income

• Lottery commissions: approximately $700
• ATM income: approximately $150
• COAM income: approximately $5,000

The seller also states that the business does not currently pay credit card processing fees.

Reported monthly net profit is approximately $11,000 after about $3,500 in payroll expense. According to the seller, an owner-operator who replaces that payroll could potentially retain approximately $14,500 per month. Buyers should verify these figures against tax returns, bank statements and operating records.

The business is currently open about 12 hours per day. Longer operating hours could provide additional sales volume.

Harrisburg serves as a regional retail center, with Southeastern Illinois College nearby. The seller cites a surrounding population of approximately 23,000 and median household income of $48,452; buyers should independently confirm current demographic data.

The location is approximately 45 minutes from Marion and about one hour from Carbondale and Paducah.

Asking prices

• Business and property: $449,000 plus inventory
• Second nearby business and property: $399,000 plus inventory
• Both locations together: $799,000 plus inventory

Buyers should verify sales, profit calculations, payroll assumptions, lottery and ATM agreements, COAM revenue and compliance, inventory value, property condition and all applicable state and local licensing requirements during due diligence.